A 70-room hotel in North Little Rock tipped the scales at $3.9 million.
Andy & Andrew Hotel Investments LLC, led by Ashok Desai, purchased the Comfort Inn & Suites at 3915 McCain Park Drive. The seller is Shree Jala Bapa Associates Inc., led by Jitendra Patel.
The deal is backed with a five-year loan of $4 million from Arkansas Federal Credit Union of Jacksonville.
The 0.9-acre development previously was linked with a February 2006 mortgage of $3 million, a March 2009 mortgage of $300,000 and an August 2010 mortgage of $50,000 held by First Arkansas Bank & Trust of Jacksonville.
The site was bought for $140,000 in June 1997 from Lilac LLC, led by Andy Collins.
A 33-unit apartment project in Little Rock weighed in at $1.22 million.
Parker Investments Group LLC, led by Ricky Parker, acquired Cantrell Valley Apartments at 7201 Kentucky Ave. The seller is Jarrett Property Management EYBJ LLC, led by Emery Jarrett.
The 0.85-acre development is now helping secure a $3.1 million loan from Chambers Bank of Danville.
The project was purchased for $438,000 in May 1994 from W.P. Gulley Jr.
A 17,082-SF office-warehouse in west Little Rock rang up a $1.1 million sale.
Madina Institute Inc., led by Muhammad Nino, bought the 12123 Kanis Road project from James and Terry Barnes.
The deal is funded with a 15-year loan of $1.1 million from BancorpSouth Bank of Tupelo, Mississippi.
The 1.14-acre development was acquired for $572,000 in March 2005 from Mary Fitton, Robert Aguiar and J-D Leasing LLC, led by Fitton.
A Sonic in North Little Rock changed hands in a $960,000 transaction.
D.L. Rogers Corp. of Grapevine, Texas, purchased the 3610 Camp Robinson Drive project from Hard-Mark Land Co. of Oakland, Mississippi.
The 0.78-acre development previously was tied to a November 2015 mortgage of $655,000 held by Southern Bancorp Bank of Arkadelphia.
The location was bought for $165,000 in December 1989 from Andy’s of America Inc., led by Garland Streett.
A 1,426-SF bank branch in Little Rock is under new ownership after an $850,000 deal.
First Community Bank of Batesville acquired the former Allied Bank project at 4900 Kavanaugh Blvd. from Today’s Bank of Huntsville.
Today’s took ownership of the branch in November in the aftermath of its negative bid of $6.1 million to buy Allied.
Allied purchased the property for $650,000 in January 2010 from 4900 Kavanaugh LLC, led by Gene Cauley.
An 11,000-SF building in downtown North Little Rock sold for $700,000.
EO Manees Building LLC, led by John Chandler, bought the 317 Main St. project. The seller is Thomason Furniture Co., led by Joe Thomason.
The 0.17-acre development previously helped secure an October 2001 mortgage of $483,000 held by Centennial Bank.
The property was acquired in July 1973 as part of a $75,000 deal with the estate of Edward O. Manees.
Islamic Land Deal
A 3.96-acre parcel in west Little Rock drew a $575,000 transaction.
Islamic Center of Little Rock Inc. purchased the land at 14900 Kanis Road from Christopher Olsen.
The property previously was linked with a March 2009 mortgage of $272,627 held by BancorpSouth Bank.
Olsen bought the land for $185,000 in August 2004 from Laverne Jones.
A 2,185-SF condo in the Riverdale area of Little Rock rang up a $750,000 sale.
The James Boliver Conner Revocable Trust acquired the 10th-floor Treetops unit from William and Peggy Marshall.
The residence previously was tied to an April 2015 mortgage of $152,423 and an October 2016 mortgage of $841,653 held by Simmons Bank of Pine Bluff.
The Marshalls purchased the property for $750,000 in August 2014 from the Jackson T. Stephens Jr. Marital Trust.
Country Club House I
A 2,546-SF home in the Country Club Heights neighborhood changed hands in a $737,000 deal.
Martin Silverfield bought the house from Richard and Paula O’Brien.
The deal is financed with a 30-year loan of $589,600 from Regions Bank of Birmingham, Alabama.
The O’Briens acquired the property for $443,000 in April 2015 from JWB Co., led by Buddy Benafield.
A 4,706-SF home in the Bretagne Circle neighborhood of west Little Rock’s Chenal Valley development is under new ownership after a $729,000 transaction.
Joe and Sylvia Potter purchased the house from James and Lynda Yuen.
The Yuens bought the residence for $737,000 in January 2002 from the Joe E. Hughes Construction Co.
Downtown Condo I
A 2,379-SF condo in downtown Little Rock’s River Market Tower sold for $650,000
Steve and Alicia Rucker acquired the 12th-floor unit at 315 Rock St. from the Fisher Family Trust, led by Cynthia and Robert Fisher Jr.
The deal is backed with a 30-year loan of $450,000 from Regions Bank. The residence previously was linked with a June 2014 mortgage of $520,000 held by One Bank & Trust of Little Rock.
The Fishers purchased the space for $449,000 in May 2013 from River Market Tower LLC, led by Jimmy Moses and Rett Tucker.
Downtown Condo II
A 1,948-SF condo in downtown Little Rock drew a $630,000 transaction.
Paolo and April Lim bought the 13th-floor unit at 300 Third from Jeremy and Hadley Lewno.
The deal is funded with 30-year loans of $417,000 and $87,000 from Bank of Little Rock Mortgage Corp.
The Lewnos acquired the property for $415,000 in October 2012 from FNBC Bancorp Inc. of Ash Flat.
FNBC recovered the condo in September 2010 after obtaining a $582,319 judgment against BDR Investments LLC, led by Jim Swink.
A 4,115-SF home in The Arbors neighborhood of west Little Rock’s Chenal Valley development changed hands in a $618,750 foreclosure sale.
Regions Bank recovered the house from Gary Hendershott. The residence previously was tied to a December 2012 mortgage of $635,355 held by the bank.
Hendershott bought the property for $950,000 in August 2006 from Phase III Inc., led by David Pickering Jr.
Country Club House II
A 2,118-SF home near the Country Club of Little Rock rang up a $515,000 transaction.
Karen Johnson purchased the house from Paul Donagher and Vanessa Weiss.
The residence previously was linked with a November 2012 mortgage of $376,999 held by Wells Fargo Bank of Sioux Falls, South Dakota.
The property was acquired for $494,000 in May 2008 from Susan Jones and Charles Smith.
A 4,965-SF home in The Maisons neighborhood of west Little Rock’s Chenal Valley development sold for $510,000.
William and Tiffany Greenfield bought the house from the J&A Living Trust, led by Derek Fisher.
The deal is financed with a 30-year loan of $408,000 from One Bank. The residence previously was tied to an October 2005 mortgage of $472,000 held by Wells Fargo Bank.
The trust purchased the property for $590,000 more than 11 years ago from Coburn Construction LLC, led by Roger Coburn Jr.